GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Loma Negra Cia Industria Argentina SA (NYSE:LOMA) » Definitions » Total Inventories

Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Total Inventories : $126.9 Mil (As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Loma Negra Cia Industria Argentina Total Inventories?

Loma Negra Cia Industria Argentina's total inventories for the quarter that ended in Sep. 2023 was $126.9 Mil. Loma Negra Cia Industria Argentina's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $136.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Loma Negra Cia Industria Argentina's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-3.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Loma Negra Cia Industria Argentina's Days Inventory for the three months ended in Sep. 2023 was 76.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Loma Negra Cia Industria Argentina's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.19.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Loma Negra Cia Industria Argentina's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.64.


Loma Negra Cia Industria Argentina Total Inventories Historical Data

The historical data trend for Loma Negra Cia Industria Argentina's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Loma Negra Cia Industria Argentina Total Inventories Chart

Loma Negra Cia Industria Argentina Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only 154.13 110.30 101.86 167.76 121.71

Loma Negra Cia Industria Argentina Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 114.00 121.71 126.45 146.05 126.88

Loma Negra Cia Industria Argentina Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Loma Negra Cia Industria Argentina  (NYSE:LOMA) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Loma Negra Cia Industria Argentina's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(59.749+0.75 * 54.239+0.5 * 126.884-616.588
-0-0.726)/116.697
=-3.89

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Loma Negra Cia Industria Argentina's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=136.465/162.683*365 / 4
=76.54

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Loma Negra Cia Industria Argentina's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=162.683 / 136.465
=1.19

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Loma Negra Cia Industria Argentina's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=136.465 / 211.979
=0.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Loma Negra Cia Industria Argentina Total Inventories Related Terms

Thank you for viewing the detailed overview of Loma Negra Cia Industria Argentina's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Business Description

Traded in Other Exchanges
Address
Boulevard Cecilia Grierson 355, Piso 4, 4th Floor, Buenos Aires, ARG, C1107CPG
Loma Negra Cia Industria Argentina SA is a cement producer in Argentina. The company operates in five segments: Cement, masonry cement, and lime; Concrete; Rail services; Aggregates; and Others. The majority of its revenue comes from Cement, masonry cement, and lime segment.

Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Headlines

From GuruFocus

Loma Negra Files Its Annual Report on Form 20-F

By Business Wire Business Wire 05-20-2022

Loma Negra Announces the Payment of Dividends

By Business Wire Business Wire 04-14-2022